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Fiscal Policy and Interest Rates in the European Union is a comprehensive study concerned with the potential effects of fiscal policy on financial markets in the European Union. It takes into account the gradual liberalization of capital movements throughout Western Europe and the institutional...
Persistent link: https://www.econbiz.de/10014473993
"This book offers a novel account of the significant debt crisis which hit many developing countries during the 1980s. It starts with the flawed cycle of bank lending during the 1970s, and then moves from the opening act, in Mexico in 1982, until a solution was found with the 1989 Brady...
Persistent link: https://www.econbiz.de/10014437077
Is the international financial architecture debate over? Not according to leading experts gathered together in this impressive volume who try to identify the key trends that will fashion the international financial system in the years ahead. As history has shown, the evolution of the...
Persistent link: https://www.econbiz.de/10011850656
This book analyzes political decentralization and fiscal federalism in Canada and Germany, both traditional federal countries, and in Spain, a unitarian country engaged in the last two decades in a process of decentralization. Three key issues required for a well designed financing system are...
Persistent link: https://www.econbiz.de/10011850968
Financing Decentralized Expenditures presents new original research papers on the structure of intergovernmental fiscal … expenditures has proceeded apace to provide better accountability and quality of services to consumers. At the same time, tax …
Persistent link: https://www.econbiz.de/10014473991
1. The essence of the problem -- 2. The trade perspective -- 3. National accounting perspectives -- 4. The international perspective -- 5. Nature of the adjustment mechanisms -- 6. The sustainability of the deficit -- 7. The demand for US assets -- 8. China and the United States -- 9. Conclusion.
Persistent link: https://www.econbiz.de/10012420062
The composition of government expenditure varies considerably across countries. The aim of this book is to explore the … choice of expenditure using a range of modelling approaches …
Persistent link: https://www.econbiz.de/10011851401
of local public expenditures', Econometrica, 49, 713-40. -- Brueckner, J.K. (1979a), 'Property values, local public … expenditure and economic efficiency', Journal of Public Economics, 11, 223-45. -- Brueckner, J.K. (1979b), 'Equilibrium in a …), 'Profit maximizing communities and the theory of local public expenditures', Journal of Urban Economics, 5, 263 …
Persistent link: https://www.econbiz.de/10011852147
The Economic North-South Divide explores the structural roots of the debt crisis and considers the impact of debt management on North-South economic relations, exposing certain double standards that tilt global markets further against the South. Encouraged by recent successful opposition to...
Persistent link: https://www.econbiz.de/10011852069
This book explores the system of financing local governments in selected countries of Central and Eastern Europe. Using evidence from the last two decades, the authors, experts on their particular countries, describe the development of the current local government finance system in each nation,...
Persistent link: https://www.econbiz.de/10014474019